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$936,380

24891 Highway 6, Hempstead, TX, 77445

$1,217,294 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,662 Sq Ft
price_per_sqft$232.11 / sqft
Year BuiltBuilt in 1905

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 3Bathrooms Half 3

Exterior

Lot Size3.58 acres

Building Information

Year Built2007
Stories2
Garage Spaces10

Land Information

APN313700-017-000-100
SubdivisionA-137 Peter Harper
Land UseResidential
Legal DescriptionABS A313700 A-137 PETER HARPER TRACT 17 ACRES 3.575 P/O 7.504 ACRES P/O 7.504 ACRES
Census Tract680502
Assessed Land Value$543,140
Assessed Improvement Value$393,240
Assessment Year2025

About this property

This 3.575 Acres with 330 feet of road frontage on HWY 6, such a great opportunity! This is an unrestricted property that can be commercial, industrial, or residential. If you are looking for a place to live and run your business, this is it. Or if you are thinking of a development, this would be a great location. An industrial development, RV Park, Mobile Home Park, or whatever you can imagine. The main home is over 100 years old, but still has so much potential. It is livable and has tons character for sure. The 4 car oversized garage is near the main home. Then you have the 6000 sq. ft. building that was being built into a community center w/ commercial kitchen. It has plumbing and framing in place that can be finished, or turned into whatever you like. This truly is a great location and the possibilities are endless. Property line is just behind the shop. Additional acreage is available.

Investor Tools

Property Icon
$936,380
Estimated Property Value
$0Estimated Mortgage Balance
$936,380Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,217,294
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,618 /month
Positive
Cash Flow Estimate:
$1,873 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,421
$936,380
2025
$543,140
$393,240
$936,380
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2024
$14,421
$936,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$936,380
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hempstead

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24891 Highway 6 | Property Details | No Agent List